2 days ago

DOJ Charges Two Former Robinhood Engineers Over Crypto Listing Trades

TLDR The DOJ charged former Robinhood engineers Hefu Chai and Huaisong Xiang with commodities fraud and wire fraud on September 15, 2026. Prosecutors say the pair used confidential listing information from a private Slack channel to trade ahead of public announcements. The alleged trades happened on Hyperliquid, a decentralized perpetual futures platform, generating more than [...]

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